Used in the synthesis of biopolymers and bio-based materials due to its long aliphatic chain and functional hydroxyl group. Acts as a building block in the production of polyesters and polyurethanes, contributing to improved flexibility and biodegradability. Also explored in cosmetic formulations for its emollient properties, helping to retain moisture in skin and hair products. Its structural similarity to natural skin lipids makes it suitable for use in dermatological and personal care applications. Additionally, it serves as an intermediate in the preparation of lubricants and surfactants with enhanced environmental profiles.